Friday’s Daily Flashnews
Thursday selling pressure continued in the market and commodities are moving higher…
This week so far nonstop selling pressure continued in markets, and buying witnessed in commodities. Gold and oil have been moving nonstop higher, other metals are trading sideways, and palladium made new lows. Friday could be the perfect day to close all along in gold even though risk in the Middle East is rising. Overall our view was very positive for metals for this week.
Currencies lost some value but still in the most uncertain scenario dollar is unable to make a high as predicted, the dollar is on our selling list from Friday so keep a close watch.
Oil moved higher as this week was a positive week for oil as predicted. We are recommending taking some aggressive sell positions in oil on Friday.
Grains prices gained as grains bottomed out as predicted. Stay long in corn and wheat.
Coffee gained big value this week, stay long in coffee, and add more long in cotton.
Thirty-year bond made another low, we are recommending adding more long positions as we don’t see Thirty years remaining below the 110-00 level.
We still don’t see NVDA going below the $405 level in the next three years, and TSLA may hold the $215 level. MSFT, AMZN, and GOOGL will be a great buy.
Wait for next week's weekly newsletter, as many maga large-cap stocks will announce earnings and market actions along with commodities. If our theory proves right once again then you will make a fortune in the next 2 months by even investing small money in our long and shorts trades so get ready.
Important note of this week Monday: The Jupiter and North Node combination will end in 14 days. Some violence can increase in the world during this time period. We just learned that the attack on Israel can turn into a big conflict for the next 14 days, and the same can happen in Russia/Ukraine.
Our Astro levels work like a miracle; the dollar was unable to close above $106.18. The dollar was unable to test our predicted resistance level of $94.78, silver held $21.01, and gold $1818. Also, S&P and NASDAQ held our Astro support levels. Grains also traded around our predicted levels.
We already have been predicting for last two weeks that the S&P will hold 4307 and NASDAQ 14511; both indexes won’t close below these levels for more than three days.
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Thanks & God Bless
Mahendra Sharma